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6937 Paseo Laredo

6937 Paseo Laredo, La Jolla, CA 92037
Property in Muirlands West
Sold May 25, 2016
$2,300,000
$1,375,000 by Pacific Bay Lending Group
Mortgage Due Jun 01, 2046
Sold Jan 24, 2014
$2,000,000
6937 Paseo Laredo in La Jolla, CA was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 6937 Paseo Laredo has 4,953 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,000 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of materials that we aren't sure of. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6937 Paseo Laredo was last sold in Apr 6, 2016 for $2,300,000. According to our calculations, that's $464.37 per sqft. Prior to that sales transaction, the property was sold for $2,000,000 in Jan 21, 2014. Current property owners are expected to pay $32,008 in taxes per year. The property on 6937 Paseo Laredo was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,617,004. To break that down further, the land itself was valued at $2,048,091. While improvements to the property were assessed at a total of $568,913. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 4,953
  • Building Area: 4,953
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,953
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MUIRLANDS WEST
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 106 TR 005618

Ownership

  • Current Owner : LI SIMIN
  • Current Owner 2: WEI WEI
  • Previous Owner : SULPIZIO RICHARD
  • Previous Owner 2: SULPIZIO MARIA G
  • Owner Before Previous Owner: SULPIZIO LORRI
  • Owner Before Previous Owner 2: BASS CATHY
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 008303

Zoning

  • Zoning: RS-1-2

Geography

  • Assessors Map Reference: 005618
  • Subdivision Tract Number: 005618
  • Parcel: 352-550-05-00
  • Lot: 106
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.8339
  • Longitude: -117.257

    Address

  • Full Address: 6937 Paseo Laredo
  • Address - House Number: 6937
  • Address - Street Name: Paseo Laredo
  • State: CA
  • City Name: La Jolla
  • Carrier Code: C029
  • 4-Digit Zip Code: 6425
  • Zip Code: 92037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,008
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 4,120,788
  • High Value: 4,964,222
  • Low Value: 3,277,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,375,000
  • First Open Lien Mortgage Lender: PACIFIC BAY LENDING GROUP
  • First Open Lien Mortgage Recording Date: May 25, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,617,004
  • Assessed Land Value: $2,048,091
  • Assessed Improvements Value: $568,913

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2016
  • Current Sale Recording Date: May 25, 2016
  • Current Sale Transaction ID: 1556112077
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0254218
  • Previous Sale Recording Date: Jan 24, 2014
  • Previous Sale Contract Date: Jan 21, 2014
  • Previous Sale Amount: $2,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC BAY LENDING GROUP
  • First Mortgage Transaction Date: May 25, 2016
  • First Mortgage Loan Amount: $1,375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northern San Diego



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Frequently Asked Questions

What neighborhood is 6937 Paseo Laredo located in?
The 6937 Paseo Laredo is a located in the neighborhood of Muirlands West in Northern San Diego, La Jolla.
What is the average sales price for listings in 6937 Paseo Laredo?
The average sales price for units in 6937 Paseo Laredo is $0 currently.

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